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Oil and Gas Oil and Gas Refining

  • Has Forest Oil Finally Bottomed?

    Oil prices rose on Wednesday as expectations a battle over the U.S. budget will be resolved spurred optimism about crude demand in the U.S.

  • The U.S. government's energy agency has adopted North Sea Brent crude as its benchmark for oil forecasts, dropping its domestic benchmark.

  • Robust U.S. energy production keeps pump prices low.

  • Natural Gas' Silver Lining...For Some

    Activism surrounding fracking has now migrated into the ranks of actual shareholders in the companies that perform fracking.

  • Gas Shortages Continue as Athena Hits East Coast

    John Hofmeister, Founder and CEO of Citizens for Affordable Energy, weighs in on preventing another gas shortage.

  • Plunging Oil Prices Are Big Boost for US Drivers

    Gasoline lines are shorter in some parts of the New York metropolitan area, but the fuel distribution and supply network is still far from normal a week after Super Storm Sandy swept through the area.

  • Ross Discusses China Shale Gas Bid

    Wilbur Ross, Chairman & CEO, WL Ross & Co. says his firm Exco has not yet confirmed a bid for a joint-venture partner project in Chinese shale gas.

  • Jobs, Stocks & the Election

    The FMHR team offers instant analysis of the jobs report, the stock market and the presidential election. Meanwhile, the gas crisis continues in New Jersey, with CNBC's reporter team and John Eichberger, National Association of Convenience Stores.

  • Why East Coast Gas Shortages May Not End for a Week

    Power outages at hundreds of gas stations and a distribution bottleneck due to flooding damage and power loss has caused a gasoline shortage in the New York metropolitan area that may not be cleared up for at least a week, according to industry experts.

  • Gas Shortages, Long Lines Adding to Storm's Misery

    Gasoline futures jumped as East Coast consumers—already stressed by Superstorm Sandy—joined long lines at the pump to fill up cars and gas cans to fuel home generators, causing shortages in some areas.

  • Storm Causes Pain at the Ports

    Robert Kunkel, Alternative Marine Technologies, discusses how tanker delays caused by the storm may impact oil prices.

  • Energy Markets Will Be Fine: Expert

    Neil Atkinson, director of energy research & analysis at Datamonitor, tells CNBC that the damage wrought on oil refineries by Hurricane Sandy is not too serious and will not negatively affect energy markets in the long term.

  • Sandy's Aftermath: Impact on Refineries

    Stephen Schork, The Schork Report, discusses the impact of superstorm Sandy on oil refineries. The FMHR traders discuss.

  • Here's One Unusual Hurricane Trade

    Alan McKim, CEO of Clean Harbors, reports cleanup crews are ready to respond.

  • Hurricane Threatens East Coast Refineries

    Will Hurricane Sandy impact oil prices? Andy Lipow, Lipow Oil Associates president, weighs in.

  • Plunging Oil Prices Are Big Boost for US Drivers

    Gasoline futures continued to trade higher in the electronic session Thursday as the latest track of Hurricane Sandy looked headed straight for the heart of the East Coast refining industry.

  • Gauging Gas' Impact

    Diesel prices remain high, and Jimmy Haslam, Pilot Flying J chairman, discusses whether this is already trickling down into the rest of the economy.

  • JetBlue CEO: No Plans to Buy Refiner

    Dave Barger, CEO of JetBlue, talks about the critical crude oil levels for the airline industry.

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    Just months after Delta Air Lines purchased a troubled East-Coast oil refinery in an effort to pare its fuel costs, United Continental Holdings, the nation’s biggest carrier, appeared to be exploring a similar move, according to someone familiar with the matter.

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    Saudi Arabia has offered its main customers in the US, Europe and Asia extra oil supplies through the end of the year, a sign the world’s largest exporter is worried about the impact of rising prices on the global economy.  The FT reports.